The world's main shopping streets are proving largely resilient to the global economic downturn, according to Cushman & Wakefield. In its 23rd annual Main Streets Across the World report - published on the first day of the Mapic retail real estate fair in Cannes on Wednesday - the broker revealed that retail rental levels are rising or at least remaining stable in 94% of 236 streets monitored.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
